Tag Archives: Sanctions

In the short term. the market ought to pick up as global oil demand growth accelerates.

The significant 53 percent increase in goods imports for the development of phases and petrochemical complexes in the zone in the first seven months of the current year.

The recent minor loss of the national currency of rial’s value against foreign exchange is a minor fluctuation of no concern. advising the masses not to take the market of foreign currencies as an investment opportunity.

Iran is manufacturing all of its needed equipment in the fields of port and shipping. adding that technology acquisition in the area has been achieved after US-slapped sanctions forced some international companies to leave the country.

Most analysts have pointed out that there are some major issues with the company’s financials. its valuation and possible returns for the Kingdom.

The successful sell-off by the NIORDC may have encouraged the NIOC to accelerate its plans for trade of oil cargoes at IRENEX.

Despite the U.S. exit from the Iran deal. Tehran remained fully compliant with the international document for a year.

The CEO of the National Petrochemical Company (NPC) said that the Iranian petrochemical industry had been planned to account for 6.2 percent of the global petrochemical output by 2025.

The US should quit such wrong behavior to make room for diplomatic efforts and create conditions for deescalation.

The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said that the production and export of petrochemicals are continuing as scheduled in Iran.